First ever dividend distribution approved
Berlin, 3 June 2015 – IVU Traffic Technologies AG is distributing a dividend for the first time in its history. At the Annual General Meeting on 3 June 2015 in Berlin, a large majority of the shareholders voted to pay a dividend of € 0.05 per share, following a recommendation by the Management and Supervisory Boards after another very positive business performance in 2014.
With sales growth of 2 % to € 47.2 million and a 13 % rise in operating earnings (EBIT) of € 4.3 million, the Group generated record-breaking figures again last year. The shareholders honoured this development and approved the Management Board’s conduct with an emphatic majority vote of 99 %.
“We are very proud that we are able to distribute a dividend for the first time this year,” said Martin Müller-Elschner, CEO IVU Traffic Technologies AG, on the Annual General Meeting’s resolution. “It shows that we are on the right track with our strategy. We will continue our sustainable and substantial growth of recent years into the future.”
The shareholders’ confidence in the corporate strategy is also reflected in the price growth of recent months. “The dividend payment is a strong signal to the stock markets,” added IVU Management Board member Dr Helmut Bergstein. “It underscores IVU’s positive performance and makes us an even more interesting proposition for investors.”
Press contact:
Dr Stefan Steck
Corporate Communications
IVU Traffic Technologies AG
Bundesallee 88, 12161 Berlin, Germany
Tel. +49.30.85906-386
Stefan.Steck@ivu.de
www.ivu.com
IVU Traffic Technologies AG has been working for 40 years with some 400 software engineers to ensure that transport in the world’s major cities operates reliably and on time. People and vehicles in expanding cities are continually on the move – a logistical challenge which calls for intelligent and reliable software systems. The standardised software products of the IVU.suite and tailor-made IT solutions are used to plan, optimise and control the scheduling of vehicle fleets and personnel. Other systems support the choice of branch locations or ensure that election results are determined correctly.
IVU. Systems for vibrant cities.